Civic Intelligence

Education Reimagined

990 • Fiscal year 2022 • EIN 83-1086088

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 08, 2023

600 14th St NW 509Washington, DC 20005

(202) 830-2327

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

66th percentile

16%

Higher net margin than 66% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$238,168

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

49th percentile

5.0%

Faster revenue growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$3,522,619

Up $543,283 (+18%) from 2021

Net Assets

Up

$3,373,342

Up $496,677 (+17%) from 2021

Liabilities

Up

$149,277

Up $46,606 (+45%) from 2021

Revenue

Up

$3,021,205

Up $143,880 (+5.0%) from 2021

Expenses

Up

$2,524,538

Up $523,136 (+26%) from 2021

Net Income

Down

$496,667

Down $379,256 (-43%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2019: $2,282,244Liabilities 2019: $60,428Net Assets 2019: $2,221,8162019Assets 2020: $2,191,662Liabilities 2020: $190,944Net Assets 2020: $2,000,7182020Assets 2021: $2,979,336Liabilities 2021: $102,671Net Assets 2021: $2,876,6652021Assets 2022: $3,522,619Liabilities 2022: $149,277Net Assets 2022: $3,373,3422022Assets 2023: $4,476,556Liabilities 2023: $433,859Net Assets 2023: $4,042,6972023Assets 2024: $4,699,918Liabilities 2024: $1,168,392Net Assets 2024: $3,531,5262024

Highlighted filing

2022

Assets$3,522,619
Liabilities$149,277
Net Assets$3,373,342

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $4,176,104Expenses 2019: $1,954,288Net Income 2019: $2,221,8162019Revenue 2020: $1,258,169Expenses 2020: $1,479,267Net Income 2020: -$221,0982020Revenue 2021: $2,877,325Expenses 2021: $2,001,402Net Income 2021: $875,9232021Revenue 2022: $3,021,205Expenses 2022: $2,524,538Net Income 2022: $496,6672022Revenue 2023: $4,661,533Expenses 2023: $3,990,181Net Income 2023: $671,3522023Revenue 2024: $2,973,998Expenses 2024: $3,485,169Net Income 2024: -$511,1712024

Highlighted filing

2022

Revenue$3,021,205
Expenses$2,524,538
Net Income$496,667
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 8, 2023
Return Version
2022v5.0
Gross Receipts
$3,028,500
Mission and Program Overview

Mission

To make learner-centered education available to every child in the united states, regardless of background or circumstance.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,195,222$3,370,616▲ $1,175,394
Pledges and Grants Receivable$731,533$86,933▼ $644,600
Prepaid Expenses and Deferred Charges$9,191$48,374▲ $39,183
Land, Buildings, and Equipment, Net$14,333$0▼ $14,333
Accounts Receivable$12,737$0▼ $12,737
Investments in Publicly Traded Securities$2,658$3,034▲ $376
Total Assets$2,979,336$3,522,619▲ $543,283
Other Assets Total$13,662$13,662→ $0
Liabilities
Accounts Payable and Accrued Expenses$102,671$149,277▲ $46,606
Total Liabilities$102,671$149,277▲ $46,606
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,555,649$2,324,456▲ $768,807
Net Assets With Donor Restrictions$1,321,016$1,048,886▼ $272,130
Total Net Assets Fund Balance$2,876,665$3,373,342▲ $496,677
Total Liabilities and Net Assets / Fund Balance$2,979,336$3,522,619▲ $543,283
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly YoungPresident & Board MemberFT$214,998$23,170$238,168
Bobbi MacdonaldSr. Partner, Ecosys. GrowtFT$154,201$20,465$174,666
Emily LiebtagChief Programs & PartnershipsFT$143,760$15,362$159,122
Monica SnellingsVice President of CommunicFT$127,585$10,061$137,646
Alin BennettVice President of Practice & FieldFT$105,388$22,219$127,607
Kalei DelovioBoard Member-$1,200-$1,200
Olivia ChristensenBoard Member-$250-$250

Board Members and Trustees

NameTitle
Marc Porter MageeChairman
Carlos MorenoBoard Member
Carole BasileBoard Member
Kimo KippenBoard Member
Larry LeverettBoard Member
Robert ShermanBoard Member (from 1/2022)
Felicia Cumings SmithBoard Member (from 3/2022)
Amanda Butler-jonesSecretary
Jeff WeissglassTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Spitfire Strategies LLCCommunication Strategy Development And P2300 N STREET NW, Washington, DC 20037$106,375
Revenue and Support

Revenue Composition

Contributions and Grants
$2,969,690
Program Service Revenue
$43,671
Investment Income
$-6,689
Other Revenue
$14,533
All Other Contributions
$2,969,690
Change in Net Assets
$496,667

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,021,205
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,062
Total Revenue per Audited Statements
$3,030,267
Total Revenue per Form 990
$3,021,205
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,459,724
Other Expenses$1,064,814
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$859,510$193,203-$1,052,713
Fees for Services Other$477,447$106,002-$583,449
Current Officers, Directors, Trustees, and Key Employees$163,404$76,214-$239,618
Conferences and Meetings$123,837$17,443-$141,280
Travel$89,152$12,557-$101,709
Payroll Taxes$76,309$19,882-$96,191
Occupancy$68,591$22,495-$91,086
Fees for Services Accounting$964$57,589-$58,553
Pension Plan Contributions$30,387$7,231-$37,618
Other Employee Benefits$28,726$4,858-$33,584
Other Expenses$10,190$1,486-$11,676
Depreciation Depletion$6,880$1,003-$7,883
Insurance$5,722$834-$6,556
Office Expenses$2,971$716-$3,687
Advertising$173$1,259-$1,432
Information Technology$154$294-$448
Total Functional Expenses$1,987,377$537,161$0$2,524,538

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,533,590
Expenses per Audited Statements$2,524,538
Total Expenses per Form 990$2,524,538
Expenses Not Reported on Form 990$9,052
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by an outside accounting firm. It was then distributed to the audit committee and management for their review. Changes were submitted to the 990 preparer and a final copy was produced. The final copy was sent to the audit committee to be recommended to the board for final approval and filing.

Form 990, Part VI, Section B, Line 12C

Employees annually sign employee handbooks which include a conflict of interest disclosure and board members annually sign a conflict of interest disclosure. The policy includes the duty to report any possible conflicts. Any duality of interest, conflict of interest or potential conflict of interest on the part of any director, officer or employee is disclosed and made a matter of record at the time and in a manner prescribed by the conflict of interest policy and in any subsequent action of the board. Any director having a duality of interest, conflict of interest, or potential conflict of interest on any matter cannot not vote or use his or her personal influence on the matter for any meeting of the board, or a committee thereof, at which an action related to such matter is proposed to be taken. The minutes of the meeting reflects the disclosure by the director, his or her abstention from voting and the presence or absence of a quorum. The director may, nevertheless, briefly state his or her position on the matter and may answer pertinent questions of other directors.

Form 990, Part VI, Section B, Line 15A

The president's salary was determined by the board, which consults salary data from similar organizations. The board's discussion and determination was recorded in the board meeting minutes. Education reimagined's board chair conducted a compensation review for the president in december 2022 with a full performance review to follow on january 2023.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Education Reimagined
EIN
83-1086088
Phone
2028302327
Address
600 14TH ST NW 509, WASHINGTON, DC 20005

Signing Officer

Name
Kelly Young
Title
President and Founder
Phone
2028302327
Signed
2023-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Young
Formed
2018
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
11
Employees
13
Volunteers
11

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Richard J Locastro CPA
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Designers/advocates: program service expenses 152,307. Management and general expenses 33,713. Fundraising expenses 0. Total expenses 186,020. Outside services: program service expenses 321,865. Management and general expenses 71,564. Fundraising expenses 0. Total expenses 393,429. Public relations: program service expenses 3,275. Management and general expenses 725. Fundraising expenses 0. Total expenses 4,000.

Financial Statement Notes

PART X, LINE 2:

For the year ended december 31, 2022, education reimagined has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER (FROM 1/2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SR. PARTNER, ECOSYS. GROWT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT OF COMMUNIC
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF PROGRAMS & PARTNERSHIPS
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT OF PRACTICE & FIELD
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITIES:BUILDING AND SUPPORTING A GROWING COALITION OF OVER 1,300 LEADERS AND ADVOCATES COMMITTED TO LEARNER-CENTERED TRANSFORMATION. COLLECTIVELY, THIS COALITION IS GROWING THE CREDIBILITY OF THE LEARNER-CENTERED FIELD, DEMONSTRATING THE IMPACT OF LEARNER-CENTERED EDUCATION, AND CREATING THE AIR COVER AND ENABLING CONDITIONS FOR LEARNER-CENTERED MODELS AND ECOSYSTEMS TO THRIVE. IT IS DIVERSE ACROSS SECTOR, ROLE, AGE, RACE, IDEOLOGY, AND GEOGRAPHY. IT INCLUDES PRACTITIONERS FROM OVER 165 SCHOOLS, DISTRICTS, HOMESCHOOLING COOPS, AND AFTER- AND OUT-OF-SCHOOL PROGRAMS ACROSS 38 STATES AND 8 COUNTRIES; YOUTH LEADERS FROM 46 LEARNER-CENTERED ENVIRONMENTS ACROSS 25 STATES; AND NATIONAL AND STATE LEADERS REPRESENTING POLICY, BUSINESS, UNIONS, WORKFORCE DEVELOPMENT, HIGHER EDUCATION, YOUTH DEVELOPMENT, EARLY CHILDHOOD EDUCATION, TECHNICAL ASSISTANCE PROVIDERS, AND K-12 NETWORKS. IN 2022, WE:-HOSTED VIRTUAL TRAININGS THAT EQUIPPED OVER 120 LEARNER-CENTERED PRACTITIONERS, RESEARCHERS, LEARNERS, AND PROFESSIONAL DEVELOPMENT LEADERS FROM ACROSS 70 ORGANIZATIONS WITH A SHARED PRACTITIONER LANGUAGE, NEW INSIGHTS INTO THEIR PRACTICE, AND RENEWED COMMITMENT TO ADVANCING THEIR WORK;-CONVENED 39 YOUNG LEADERS FROM 11 LEARNER-CENTERED ENVIRONMENTS ACROSS EIGHT STATES TO BUILD THEIR SKILLSETS AS ADVOCATES FOR EDUCATION TRANSFORMATION AND EMBOLDEN THEM WITH CONNECTIONS TO OTHERS IN THIS WORK; AND-ORGANIZED AND LAUNCHED A PROCESS TO CONVENE SECTOR- AND IDEOLOGICALLY DIVERSE LEADERS TO MAKE A PUBLIC CALL FOR THE POLICY AND FUNDING CONDITIONS FOR LEARNER-CENTERED ECOSYSTEM INVENTION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0703258
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt041671
IRS990/ProgSrvcAccomActy3Grp/Desc0SYSTEMS & PRACTICE ADVANCEMENT:ENABLING THE LEARNER-CENTERED FIELD TO ADVANCE QUALITY, DOCUMENT EVIDENCE OF IMPACT, AND BUILD THE ALTERNATIVE INFRASTRUCTURE THAT WOULD ENABLE THIS APPROACH TO BE SUSTAINED AND EQUITABLY AVAILABLE TO EVERY CHILD AND FAMILY IN THE COUNTRY. EDUCATION REIMAGINED PARTNERED WITH LEADING LEARNER-CENTERED PRACTITIONERS AND EXPERTS TO CONDUCT IMMERSIVE SITE VISITS, DEVELOP FRAMEWORKS AND TOOLS. IN 2022, WE:-LED AN IMMERSIVE SITE VISIT THAT GATHERED 18 LEARNER-CENTERED PRACTITIONERS FROM 13 MODELS TO VISIT A LEARNER-CENTERED, COMMUNITY-EMBEDDED MICROSCHOOL IN DENVER, CO-EMBARK EDUCATION-AND SUPPORTED VISITORS TO PROCESS WHAT WAS SEEN, CELEBRATE SUCCESSES, AND PROVIDE FEEDBACK TO THE MODEL; -CONVENED A WORKING GROUP OF OVER 30 PRACTITIONERS AND EXPERTS TO DEVELOP GUIDING PRINCIPLES AND FRAMEWORKS FOR ALTERNATIVE, LEARNER-CENTERED SYSTEMS OF ACCOUNTABILITY, ASSESSMENT, GOVERNANCE, RESOURCE ALLOCATION, AND HUMAN CAPITAL PIPELINE AND DEVELOPMENT. THE RESULTING GUIDEBOOK IS SET TO BE RELEASED IN 2023; AND-PARTNERED WITH A YOUTH DEVELOPMENT PROGRAM IN NEWPORT AND PROVIDENCE, RI-FABNEWPORT-TO HOST A SERIES OF COMMUNITY CONVERSATIONS TO GENERATE BROADER COMMUNITY BUY-IN TO TRANSFORM EDUCATION IN THEIR LOCALITY.
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